Highlights

  • Redburn Atlantic shifts AAP rating from Sell to Neutral on June 3, 2025
  • Average price target of USD46.18 implies a 7.13% decline from USD49.73 current price
  • Revenue forecasted at USD11.91B with projected non-GAAP EPS of 16.39

Redburn Atlantic revised its stance on Advance Auto Parts (NYSE:AAP) from Sell to Neutral on June 3, 2025, according to Fintel. This update comes as analysts continue to weigh future expectations for the automotive parts retailer, which has faced mixed performance trends in recent quarters.

Despite the rating shift, analysts maintain a cautious outlook. As of June 2, 2025, the average one-year price target for AAP stands at USD46.18, representing a 7.13% downside from the last closing price of USD49.73. Forecasts from financial analysts span a broad range—from a low of USD28.28 to a high of USD68.25, reflecting varying views on the company's ability to navigate macroeconomic and sector-specific challenges.

Advance Auto Parts operates across more than 4,800 stores and 168 Worldpac branches, serving customers in the U.S., Canada, Puerto Rico, and additional international markets. While the company has a broad footprint, investors appear focused on financial metrics over scale, especially amid uncertain consumer demand and supply chain fluctuations.

Looking ahead, the company is expected to generate USD11.91 billion in annual revenue, a 33.76% increase compared to previous periods. Additionally, the projected non-GAAP EPS is 16.39, indicating improved earnings expectations, though these are yet to offset broader market skepticism about valuation and performance sustainability.